BUSINESS

Oil prices hit highest levels since 2015

Daily Dispatch November 6, 2017

Oil prices hit their highest levels early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests. Brent futures, the international benchmark for oil prices, hit 62.44 dollars

BUSINESS

Federal govt uncovers 800,000 companies that never paid taxes

Daily Dispatch November 6, 2017

The Federal Government said it had identified over 800,000 companies, including some of its contractors, which had never paid any form of taxes. The Minister of Finance, Mrs. Kemi Adeosun, stated this in an article entitled: ‘All change, Nigeria is not an oil economy’. In the article, which was made available on Sunday by her […]

BUSINESS

Dangote Foundation joins global leaders, pledges N100m to fight malnutrition in Nigeria

Daily Dispatch November 6, 2017

The recently concluded Global Nutrition Summit 2017, held in Milan, Italy, convened governments, international agencies, foundations, civil society organisations and businesses to accelerate the global response to malnutrition, an underlying cause of nearly half of all global child deaths. A major highlight of the Summit was the pledge by the Aliko Dangote Foundation to

BUSINESS

18 bio-fortified food varieties released in Nigeria

Daily Dispatch November 5, 2017

Eighteen bio-fortified varieties comprising six vitamin A cassava, eight vitamin A maize, two orange sweet potato and two iron and zinc sorghum, which are  bred conventionally, have  been released officially in Nigeria. Dr Paul Ilona, the Country Manager of Harvestplus, an international agricultural organisation, made this known in an interview with the News Agency of […]

BUSINESS

Nigeria to reduce financial exclusiveness to 20% by 2020 – Godwin Emefiele

Daily Dispatch November 1, 2017

Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has given the assurance that Nigeria will strive hard to meet the target of reducing the number of Nigerians not captured by the banking sector to 20 per cent by 2020. Emefiele, who was exchanging views with visiting United Nations (UN) Special Advocate on Financial […]

BUSINESS

NNPC: We’re About to Hit Oil in Northern Nigeria

Daily Dispatch November 1, 2017

The Nigerian National Petroleum Corporation (NNPC) is confident that its aggressive exploration of inland basins in northern Nigeria would soon yield success with hydrocarbon finds in commercial quantity. This is according to the Group Managing Director of NNPC, Dr. Maikanti Baru, when he received a delegation of the Nigerian Association of Petroleum Explorationists (NAPE)